RDP 2007-12: Dynamic Pricing and Imperfect Common Knowledge Equation (B3)

S t ( j ) = [ ω t ( j ) π t 1 y t 1 ] MathType@MTEF@5@5@+= feaagKart1ev2aaatCvAUfeBSjuyZL2yd9gzLbvyNv2CaerbuLwBLn hiov2DGi1BTfMBaeXatLxBI9gBaerbd9wDYLwzYbItLDharqqtubsr 4rNCHbGeaGqiVu0Je9sqqrpepC0xbbL8F4rqqrFfpeea0xe9Lq=Jc9 vqaqpepm0xbba9pwe9Q8fs0=yqaqpepae9pg0FirpepeKkFr0xfr=x fr=xb9adbaqaaeGaciGaaiaabeqaamaabaabaaGcbaGaam4uamaaBa aaleaacaWG0baabeaakmaabmaabaGaamOAaaGaayjkaiaawMcaaiab g2da9maadmaabaqbaeqabeWaaaqaaiabeM8a3naaBaaaleaacaWG0b aabeaakmaabmaabaGaamOAaaGaayjkaiaawMcaaaqaaiabec8aWnaa BaaaleaacaWG0baccaGae8NeI0IaaGymaaqabaaakeaacaWG5bWaaS baaSqaaiaadshacqWFsislcaaIXaaabeaaaaaakiaawUfacaGLDbaa cqWFYaIOaaa@4CCE@